Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Business Succession Plan Lawyer Yana Feldman Explains the Importance of Succession Planning for Business Owners

By: Magic PR

New York, NY – Business succession planning is an essential aspect of any successful business, and business succession plan lawyer Yana Feldman (https://yanafeldmanlaw.com/practice-areas/estate-planning/business-succession-planning/) of New York Legacy Lawyers recently released an informative article on the topic. Feldman shared insights on the importance of having a plan in place and how it can help prevent disruptions and disputes in the event of unexpected circumstances such as death, sickness, retirement, or other unforeseen situations.

According to the business succession plan lawyer, “A comprehensive business succession plan can help business owners preserve their legacy for generations to come. It’s important to have a plan in place to ensure a smooth transition and avoid potential disputes or instability that can arise in the absence of a proper plan.”

The article from the business succession plan lawyer explains that without a succession plan, a business’s stakeholders can face several challenges, including family disputes, lack of resources necessary to buy shares of the deceased shareholder, and difficulty finding a suitable replacement for the departing shareholder, among others. However, with a tailored succession plan that addresses matters such as retention strategies, share transfers, estate planning, and institutional memory preservation, among others, business owners can ensure a smooth and successful transition.

As attorney Feldman explains, “Our team of experienced estate planning attorneys can help clients put together a plan that meets their unique business needs. We work with our clients to consult with employees, families, shareholders, and other stakeholders to create a personalized succession plan.”

Business owners who delay succession planning can face significant risks and challenges that can adversely affect the business’s future. However, with the help of a Business Succession Plan Lawyer, such as Yana Feldman, owners can identify areas of vulnerability, groom emerging talent, plan an exit strategy, and create individual estate plans that suit the business’s needs.

Furthermore, the lawyers say that business succession planning can be a complex process, but with the aid of an estate planning lawyer, owners can prepare for unexpected events. These lawyers have the necessary knowledge to use different estate planning tools, such as a power of attorney, a Will, or a Trust, to create a comprehensive plan tailored to the needs of the business owner.

Unfortunately, many family-owned businesses delay succession planning to avoid difficult discussions within the family. However, with the help of business succession lawyers, owners can identify areas of vulnerability and groom emerging talent, plan an exit strategy, and create individual estate plans to suit the business’s unique needs.

In conclusion, business succession plan lawyer Yana Feldman’s article emphasizes the importance of business succession planning for business owners, especially family-owned businesses, and offers valuable insights on the steps necessary to ensure a successful transition. Business owners who want to protect their legacy and their business’s future can schedule a consultation with the team at New York Legacy Lawyers.

About New York Legacy Lawyers:

New York Legacy Lawyers is a team of experienced estate planning attorneys committed to helping clients create personalized estate plans that protect their assets, their loved ones, and their legacy. Their team offers a wide range of services, including estate planning, business succession planning, special needs planning, and more. Contact New York Legacy Lawyers today to schedule a consultation.

Source: https://thenewsfront.com/business-succession-plan-lawyer-yana-feldman-explains-the-importance-of-succession-planning-for-business-owners/

About New York Legacy Lawyers by Yana Feldman & Associates PLLC

Yana Feldman is the principal of New York Legacy Lawyers, located in New York City. Her practice focuses on holistic, client-centered planning with an emphasis on ensuring her clients’ dignity and independence as they age, as well as working with clients to create not only a financial legacy, but also one of personal values and non-monetary assets.

Contact New York Legacy Lawyers by Yana Feldman & Associates PLLC

132 32nd St
Brooklyn
NY 11232
United States

(718) 713-8080

Website: https://yanafeldmanlaw.com/


Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.